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of <h1>Central Government Approves Jaipur Industrial Park for Tax Benefits Under Section 80IA(4)(iii), Requires Compliance with Conditions</h1> The Central Government has notified the Industrial Park being developed by an entity in Jaipur, Rajasthan, under Section 80IA(4)(iii) of the Income-tax Act, 1961. The park, located in the Hirawala Extension area, spans 67.92 acres and is designated for 100% industrial use with a minimum of 75 units. The total proposed investment is 543.06 lakhs INR, with 381.49 lakhs INR allocated for infrastructure development. The park's commencement date was set for March 31, 2006. Compliance with specified conditions is mandatory for availing tax benefits, and any significant changes require fresh approval.
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